EMBRAER S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 38.67 BRL | +23.31% |
|
+13.77% | +72.71% |
| May. 15 | INDICES - India & Brazil weaken |  |
| May. 07 | Embraer S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,613 | 1,253 | 3,269 | 1,987 | 3,390 | 5,586 | - | - |
| Enterprise Value (EV) 1 | 4,225 | 2,949 | 4,662 | 3,444 | 3,390 | 6,420 | 6,170 | 5,721 |
| P/E ratio | - | - | -73.2 x | -10.7 x | 21.6 x | 15.3 x | 14.7 x | 12.5 x |
| Yield | - | - | - | - | - | - | 2.49% | 3.71% |
| Capitalization / Revenue | 0.66 x | 0.33 x | 0.78 x | 0.44 x | 0.65 x | 0.89 x | 0.78 x | 0.75 x |
| EV / Revenue | 0.77 x | 0.78 x | 1.11 x | 0.76 x | 0.65 x | 1.02 x | 0.86 x | 0.77 x |
| EV / EBITDA | 23.2 x | 35.9 x | 11.7 x | 7.51 x | 6.14 x | 9.35 x | 7.57 x | 6.45 x |
| EV / FCF | 6.93 x | -2.12 x | 18.9 x | 5.6 x | - | 26.2 x | 14.5 x | 10.7 x |
| FCF Yield | 14.4% | -47.2% | 5.3% | 17.9% | - | 3.82% | 6.88% | 9.35% |
| Price to Book | - | - | 1.18 x | 0.77 x | - | 1.79 x | 1.66 x | 1.52 x |
| Nbr of stocks (in thousands) | 735,920 | 736,173 | 734,633 | 734,633 | 734,633 | 734,633 | - | - |
| Reference price 2 | 4.909 | 1.703 | 4.450 | 2.705 | 4.615 | 7.604 | 7.604 | 7.604 |
| Announcement Date | 3/26/20 | 3/19/21 | 3/9/22 | 3/10/23 | 3/18/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,463 | 3,771 | 4,197 | 4,540 | 5,226 | 6,296 | 7,150 | 7,437 |
| EBITDA 1 | 181.9 | 82.1 | 396.8 | 458.9 | 552.2 | 686.8 | 814.8 | 886.5 |
| EBIT 1 | -5.4 | -323.4 | 201.3 | 270.3 | 341.1 | 450.6 | 576.5 | 649.4 |
| Operating Margin | -0.1% | -8.58% | 4.8% | 5.95% | 6.53% | 7.16% | 8.06% | 8.73% |
| Earnings before Tax (EBT) 1 | -186.2 | -635.2 | 27.4 | -205.8 | 111.9 | 341.1 | 442.6 | 575.7 |
| Net income 1 | -322.3 | -731.9 | -44.7 | -185.4 | 156.8 | 283.9 | 335 | 445.7 |
| Net margin | -5.9% | -19.41% | -1.06% | -4.08% | 3% | 4.51% | 4.68% | 5.99% |
| EPS 2 | - | - | -0.0608 | -0.2524 | 0.2135 | 0.4982 | 0.5163 | 0.6083 |
| Free Cash Flow 1 | 609.3 | -1,393 | 247.1 | 615.1 | - | 245 | 424.5 | 535 |
| FCF margin | 11.15% | -36.93% | 5.89% | 13.55% | - | 3.89% | 5.94% | 7.19% |
| FCF Conversion (EBITDA) | 334.96% | - | 62.27% | 134.04% | - | 35.67% | 52.1% | 60.35% |
| FCF Conversion (Net income) | - | - | - | - | - | 86.29% | 126.73% | 120.04% |
| Dividend per Share 2 | - | - | - | - | - | - | 0.1893 | 0.2819 |
| Announcement Date | 3/26/20 | 3/19/21 | 3/9/22 | 3/10/23 | 3/18/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,301 | 600.9 | 1,019 | 929 | 1,992 | 716.7 | 1,292 | 1,284 | 1,947 | - | 1,407 | 1,595 | 2,354 | - | - |
| EBITDA 1 | 111.4 | 13.2 | 124.6 | 92.9 | 228.2 | 10.3 | 148.9 | 149.3 | 249 | - | 159.7 | 167.8 | 299.2 | - | - |
| EBIT 1 | 60.6 | -36.3 | 66.7 | 49.9 | 166.2 | -31.6 | 99.9 | 100.1 | 178.1 | 6.678 | 100.7 | 115.5 | 233.2 | - | - |
| Operating Margin | 4.66% | -6.04% | 6.55% | 5.37% | 8.35% | -4.41% | 7.73% | 7.79% | 9.14% | - | 7.16% | 7.24% | 9.9% | - | - |
| Earnings before Tax (EBT) 1 | 57.7 | -81 | - | -46.1 | 99.4 | -103.2 | -0.8 | - | 163.6 | - | 79.4 | 90.8 | 175.6 | - | - |
| Net income 1 | 2.1 | -31.7 | 74.2 | -30.2 | 22.9 | -70.8 | -18.8 | 61 | 188.9 | - | 65 | 74.6 | 161.1 | - | - |
| Net margin | 0.16% | -5.28% | 7.28% | -3.25% | 1.15% | -9.88% | -1.45% | 4.75% | 9.7% | - | 4.62% | 4.68% | 6.84% | - | - |
| EPS 2 | - | - | - | - | - | - | -0.0256 | 0.0830 | 0.2571 | 0.0384 | 0.0760 | 0.0710 | 0.2000 | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0640 | 0.0640 |
| Announcement Date | 3/9/22 | 4/28/22 | 8/4/22 | 11/14/22 | 3/10/23 | 5/4/23 | 8/14/23 | 11/6/23 | 3/18/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 612 | 1,696 | 1,392 | 1,457 | - | 834 | 584 | 135 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.367 x | 20.65 x | 3.509 x | 3.176 x | - | 1.215 x | 0.7171 x | 0.1521 x |
| Free Cash Flow 1 | 609 | -1,393 | 247 | 615 | - | 245 | 425 | 535 |
| ROE (net income / shareholders' equity) | -5.76% | -23.1% | -1.57% | 1.47% | - | 9.7% | 11.2% | 12.9% |
| ROA (Net income/ Total Assets) | - | -6.93% | -0.43% | 0.38% | - | 3.32% | 3.95% | 4.59% |
| Assets 1 | - | 10,561 | 10,335 | -48,867 | - | 8,552 | 8,480 | 9,719 |
| Book Value Per Share 2 | - | - | 3.780 | 3.490 | - | 4.250 | 4.570 | 5.010 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 285 | 102 | 102 | 136 | - | 221 | 232 | 257 |
| Capex / Sales | 5.21% | 2.71% | 2.42% | 3% | - | 3.51% | 3.25% | 3.46% |
| Announcement Date | 3/26/20 | 3/19/21 | 3/9/22 | 3/10/23 | 3/18/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
7.604
USD
Average target price
7.344
USD
Spread / Average Target
-3.43%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +72.71% | 5.59B | |
| +2.56% | 111B | |
| -29.81% | 109B | |
| +17.97% | 17.92B | |
| +8.78% | 16.82B | |
| +11.52% | 4.42B | |
| +16.72% | 4B | |
| -24.51% | 3.64B | |
| -26.91% | 1.5B | |
| +12.98% | 1.13B |
- Stock Market
- Equities
- EMBR3 Stock
- Financials EMBRAER S.A.
